Selling share certifate

[Flowersonthewall]

Hi I was wondering if anyone had any advice, I want to sell some share certificates and want to know the quickest, easiest and cheapest way of doing it!

I've looked into opening a share account with the bank but they want deposits? And one share dealer website wanted a reasonable amount of money for the sale...any advice or do we just have to suck up the cost of doing it?

TIA

[Hereward1332]

Certificated shares are expensive to sell as the broker has to process it manually. I doubt you would get much change out of £50.

Hargreaves Lansdown will charge you about that, but it is pretty straightforward.

Depending on the value of the shares, and the number of different holdings, it may be cheaper to open a nominee account, and change the shares to an electronic holding (dematerialisation) before selling.

[Flowersonthewall]

Thank you,

It's literally one certificate in one company.